If you have a LIC policy avoid these 7 mistakes

  1. Never lose your policy document
  2. Keep your contact details updated in the policy
  3. Make sure to have a nominee in the policy and change it as and when felt necessary.
  4. Never make payment in cash to an unauthorized person or website.
  5. Always contact you agent or branch if you receive any call regarding bonus, policy update, surrender, etc.
  6. Pay your premium in time
  7. Register your policy on LIC portal

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